Geographic Domain Names

Boston Globe to Use BostonGlobe.com as Pay Site & Boston.com as Free Site

Editors of the Boston Globe announced that they are moving towards the paid subscription model, and they intend to use BostonGlobe.com as the portal for the paid news site, which will contain all of the articles currently found in the print edition. They will keep Boston.com as the free website for visitors who choose not to pay for subscriptions.

From a geodomainer’s perspective, I think it’s nice to see that the Boston Globe is going to reinforce that BostonGlobe.com is one website with paid news and content, while their city.com site, Boston.com, will remain free and presumably the most widely read. Boston.com will have event listings and really be the go to site for information about Boston, notoriety which I believe it’s already achieved.

From a blogger’s perspective, it will be interesting to see how this experiment goes. Rupert Murdoch has been talking about putting up a pay wall as have others, which was previously tried by the NY Times (owners of the Boston Globe) with their Times Select version (no longer running).

If newspapers successfully adopt the paid subscriber model, perhaps bloggers and others will follow suit. In my opinion, it’s unlikely that the paid model will work since there are still plenty of blogs and websites that make enough money from advertisers that a pay wall isn’t necessary. I am an avid Boston Globe reader, but I won’t pay to read it since there are plenty of other sources of free information.

Report: Israel Buys @israel Twitter Handle for 6 Figures, But Not Israel.com for 7 Figures When It Was Auctioned

**Update** The Jerusalem Post is reporting that the actual price was $3,000.

According to several news reports, including one in the New York Times, Israel bought the rights to use the @israel Twitter handle found at Twitter.com/israel. Although the price was not revealed in the Times article, it was reported to be in the six figure range by The First Post. Because of Twitter rules preventing the sale of Twitter accounts, the transaction was completed via a loophole.

I am not really surprised that the state of Israel would want to have this Twitter handle with Twitter’s popularity still high and its huge reach. Looking back a couple of years, however, it does seem strange that Israel would not pay seven figures for something that would seem to be even more important to the country and its tourism industry: Israel.com.

You may recall, Israel.com was up for an auction held by Moniker during TRAFFIC, and the reserve price was reportedly $5,500,000. The domain name did not sell during the live auction, but it was reportedly sold for $5,880,000, according to an article in Israeli newspaper, Haaretz.

Since the Whois information is private and since the domain name is currently parked, it does not appear that the state of Israel was the buyer of this domain name. It’s interesting that the state of Israel would pay a reported 6 figure sum for a Twitter handle, but they weren’t interested in buying Israel.com for $5.5 million when it was up for auction.

Breaking: Sedo Brokers Sale of Jerusalem.com for Over Half a Million USD

SedoIn June of 2009, it was reported that Jerusalem.com was purchased for $750,000 (the news was also reported in the Jerusalem Post). The website was used on its own for a while, and I later found it to be forwarding to GoJerusalem.com, which I thought was strange after such a big acquisition.

Just a couple of weeks ago, I noticed that Ryan Colby, one of Sedo’s top domain brokers, announced that Jerusalem.com was privately being offered for sale via his page on Facebook. I inquired about the asking price and learned that it was in the ballpark of half a million US dollars. I was very surprised at this and felt it was a good enough value to pass the information along to a couple of domain investors I know.

Earlier this evening, Ryan updated his Facebook and Twitter pages to announce that the sale of Jerusalem.com had closed at $510,000: “Jerusalem.com: SOLD for $510,000. A glorious geo name in every way.

Since this is breaking news, I don’t have information on the buyer of this great domain name yet, but I am sure Sedo will soon make a more formal announcement with that information.

Congratulations to Sedo and the buyer of this great geographic domain name.

City in The Box vs. My Custom Sites

After posting an article highlighting some news Fred Mercaldo shared with me, there were a number of questions from readers asking about Burbank.com and Lowell.com, two of my websites built on different platforms. I want to address some of those questions, which may be helpful in your geodomain development endeavors.

Burbank.com and Lowell.com were both originally built on the same static html platform by my developer. The original articles were written by copywriters I hired, and I either took the photos or hired a photographer for them, I did all the SEO work on both websites and managed the advertising sales (poorly). Because the sites I had built were static html, I needed to update 5 or 6 pages on each site whenever I needed to add a content page. This was a pain in the ass, and I sought out a different solution.

After learning about the City in The Box platform, I decided to move forward with Burbank.com. The site receives 20,000 +/- unique visits a month, and I wanted to leverage Fred’s development and advertising sales experience. His team put all the content I created on its platform, and they have continued to add articles and events. I am also able to add events as well. Essentially, I can be as involved or uninvolved as I would like. The team has also been responsive to my development requests. In fact, someone posted a comment on my blog about a small error they noticed, and it was fixed within minutes.

On Lowell.com, my developer (Mike McAlister) used a bunch of design elements I wanted and built it on WordPress. People can sign up for an account and post articles and events on the site. This is also great because it makes the site more interactive for visitors and local organizations. It also helps build traffic while engaging local businesses. The downside to this is that I still manage everything, and it’s not easy to get people to add content for some reason. It’s a work in progress.

One downside to City in The Box that I found was that SEO wasn’t as good as I hoped, and Fred and I discussed that aspect of the site. Burbank.com hasn’t suffered in rankings, but I was worried about that aspect. A piece of very good news that was announced is a deal with a SEO company that will make changes and updates across the platform to improve SEO.   With Lowell.com, I am able to oversee the basic on-site SEO, and I use the All in One SEO plugin, which has been helpful.

Fred Mercaldo and his team are responsible for bringing on advertisers on Burbank.com.   This should have started yesterday, and it’s the most exciting aspect of working with the Scottsdale.com team.   Including hotel revenue and ad sales, I made under $1k/month.   I think they will ramp this up tremendously.   I am responsible for ad sales on Lowell.com, and although I have a number of advertisers now, revenue isn’t strong (under $500/month).

The primary reason I moved forward with City in The Box is because they have experience building a profitable group of websites in Scottsdale.com and other local sites. I wanted to reduce my role in day to day management of Burbank.com due to my time constraints, and I wanted to have access to their advertising sales team.

With the smooth transition I’ve had so far, I am confident that this will be a profitable endeavor. I have never been afraid to significantly invest in domain assets, and I think it’s important to invest in those domain assets in order to create additional revenue streams.

I’ve always been wanting to take initiative and do things myself, but there’s a point where I realized I can’t do everything on my own successfully. I reached out to the best of breed, and I am confident this will be successful. As promised before, I will be happy to provide updates on the sales process in a few months.

As I continue to reiterate, I am not making any money on affiliate deals for sign ups or getting any kick backs for discussing this. I want to be open and transparent with my business.

Fred Mercaldo & Scottsdale.com Announces New Developments and Enhancements for Popular “City In The Box” Software Solution

I just received some news and updates from Fred Mercaldo about his company’s “City in the Box” software platform, and I want to share it with you. If you’ve been thinking about working with the company, now is the time to seriously consider it. (This is not a paid advertisement nor am I being compensated in any way for writing this or if you sign up.)

My website, Burbank.com, has been on the platform for a couple of months now, and traffic continues to be solid and advertisers keep asking for information and creating business listings. The sales process is set to begin in about two weeks, and I am very excited about the prospects.

The company has three big announcements today:

  • They have added Laramie.com and SanMateo.com to their upcoming development projects, bringing the number of City.com properties using their software platform to 55.
  • Scottsdale.com has entered into an exclusive partnership with ZogMedia to provide SEO supervision for all of their partner sites.   They have also added FaceBook and Twitter applications/features to City In The Box.
  • There will be a price increase, effective November 1st or once an additional 25 City.com properties contract with them for development, whichever comes first, from $12,500 to $16,500.

According to Fred Mercaldo,

“With all of the features City In The Box delivers, and with a decided trend towards developing rather than parking, it has never been a better time to take advantage of our services. We are arguably not only the best priced software solution available today, but also the most reliable and widely used, and it is a system built for monetization.

You get a complete business directory for your City, and by selling Premium Upgraded Listings, along with Category Partnerships, combined with our easy to use Content Management System, you are ready to go to market on Day One. Tons of unique content, Calendar of Events section, custom logo and color schemes, professional SEO, and much more are included. And in cases where after launch you need Advertising and Marketing services, we will do this for you thru our CitiesPlanet program!”

For further information, visit CityInTheBox.com and CitiesPlanet.com. A brief PDF overview can be downloaded on the City in the Box website. You can also send Fred an email at fred@scottsdale.com.

Calle Strikes Gold with .CO & Hotels.com Domain Name Portfolio

Many people in the domain investment community have come to know Juan Calle primarily as the CEO of the .CO Registry. He regularly attends various domain conferences and events, and he is the ambassador for the new .CO domain extension, which as already seen over 380,000 registrations in under 2 weeks of being live.

Prior to his involvement with the .CO Registry, Juan was the founder of Straat Investments where he currently serves as the company Chairman (Jose Rasco is STRAAT’s Executive Director and Juan Palacio is the CEO for FederatedTravel.com).   The company is invested in real estate, technology, and private equity. According to the Straat Investments website,

STRAAT Investments, along with its affiliates, is a private investment firm with interests around the globe. Through its team of investment and operations professionals, STRAAT creates and invests in companies and entrepreneurial opportunities by leveraging its experience in multiple industries to build long term value. We primarily focus our investments in telecommunications, internet, and real estate.

One of the most impressive investments (to me), is the company’s portfolio of generic hotel domain names. As you may recall, I wrote about Swift Rank’s major investments into the city Hotel/Hotels.com space, spending somewhere around 7 figures in the not so distant past. Straat Investment’s portfolio of these domain names is equally (or maybe even more) impressive.

Included in its Federated Travel portfolio are domain names and websites that include (among many others):

  • ParisHotels.com
  • MiamiHotels.com
  • LondonHotels.com
  • ChicagoHotels.com
  • DallasHotels.com
  • CancunHotels.com
  • TokyoHotels.com

In speaking with Juan about a domain name I own, his company doesn’t have much interest in selling off its assets. In fact, it would take “a big purchase ($10m +)” for the company to consider selling these high performing websites.

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